Question

First time post but wondering what you guys do when your monthly mortgage payment goes down due to taxes/escrow(not entirely sure why but I feel like the start of every year it either goes up or down slightly) I still have our previous amount budgeted but should I adjust down (thinking not) or continue to make my previous payment amount and apply the additional to principle(? )

Answer 1

I would continue with your previous amount, just apply the extra to the principle. We pay a little extra every month.  

Answer 2

Is that your only debt? If you have other things you could be paying off or funding you could direct the money there. Otherwise just keep paying the extra sending it to principal.